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We take a look at the IRD documentation requirements and how the rules may apply in unexpected situations as a result of the definition of “offshore RLWT” person".
Auckland house sales jumped to an August record as a flood of new listings hit the market while average prices fell in the month, according to Barfoot & Thompson.
August can be a slow month for sales, but this year it was the third busiest sales month for 16 months. Prices will most likely increase modestly in coming months from where they are at present.
In case you haven’t heard this is a summary of the government’s announcement on the crackdown of property speculators. We look at some frequently asked questions and the rules for residents vs non-residents.